Point spread betting, at least in the United States, is the most common and typical form of betting when placing a wager on your favorite team or on the team you expect to win. The only simpler bet is when two friends each bet against each other while enjoying the game together as a direct
Point spread betting, at least in the United States, is the most common and typical form of betting when placing a wager on your favorite team or on the team you expect to win. The only simpler bet is when two friends each bet against each other while enjoying the game together as a direct bet on the winner, but such betting isn’t really used by professionals or when placing a series of bets toward each game in a sport with an actual booking agent. The fact is, the point spread evens the odds and makes for a fair bet when nobody would reasonable place a bet on a team who isn’t reasonably expected to win.
How the point spread works?
How point spread works is a simple concept in reality, although it may require an explanation for the newcomer. The actual process can be a bit more complicated, but it essentially determines the amount of points each team is expected to score based on the averages of their previous games. If the average score tallies up to suggest one team likely to win by 6.5 points, the spread gives 6.5 points to the expected losing team. So to determine how point spread works, simply add the amount of the spread to the expected losing team’s total points to see which team actually won the bet rather than the game. At such a time as you win, you’ll receive a refund of the money you used to place the bet minus the broker’s fee (typically 10%) doubled to reflect the win.
Determining a tie
A common question asked by newcomers is what happens if spread results is a tie? A tie in the betting spread is more common than a tie in the game, as the teams won’t play in overtime to determine a betting win. A tie simply means you receive your original bet back minus the brokering agent’s fee without any additional winnings. Of course, any booking agent may change such a rule so it’s always a good idea to confirm how a tie works before placing a bet with a new bookie, but most reputable agents are going to follow the standard practice as it is proven to be fair to everyone involved including the bettor, the backer, and the agent.
How to bet on point spread in Football?
Point spread betting is the most common means of gambling in football, perhaps followed by over/ under bets or exotic parlays, teasers, or props. The point spread allows you to bet on your favorite NFL team, even if they are expected to lose the game overall. The spread evens the odds and recognizes nobody wants to bet against their own team, but a smart gambler can look at things logically and understand they may not have a great chance of winning during a rebuilding season or with an injured player.
How to bet on point spread in Basketball?
Basketball, much like football, tends to have enough points scored overall by each team to determine clear spread odds to assure you have a chance of winning regardless of which team you want to support and whether or not they have the talent to realistically win the game. Although on a professional, or even collegiate level either team can potentially win the game, there are situations when one team is so outclassed by the other no reasonable person would bet on them. A great example of this would be in the NCAA when a division 1 team is playing against a division 2 team. It can almost be more of a demonstration game for the sake of fairness between their skill levels, but someone who went to a smaller division 2 college may still want to support their school and show their spirit by betting on the underdog. The point spread allows for such a bet keeps the game, at least from a betting perspective, interesting.
How to bet on point spread in Baseball, Soccer, and Hockey?
Baseball, soccer, and hockey work a little differently because of the nature of the sports and the amount of points typically scored. With such low point totals, it’s easier to determine the odds through the use of moneyline betting instead of a point spread, but that isn’t to say you can’t bet the spread. One consideration is that a penalty kick in soccer, two or more players relegated to the penalty box in hockey, or a baseball team having to use a second string pitcher instead of their starter can disrupt the expected point tally more than a single play or player can change the overall score in football or basketball. There’s nothing wrong with betting the spread on MLB, MLS or NHL and most booking agents will place such a bet for you, but generally speaking the predicted outcome is less likely to happen and it’s usually a better strategy to bet on the outcome and take more or less of a payout based on your winning prediction and whether you bet for the favorite or the underdog.
All told, point spread is what makes gambling a feasible endeavor. Bets don’t work when everyone bets on the same team, so the spread evens the odds and allows for further consideration than who is going to actually win the game and move on to the championships.